Thrive Holdings to Acquire ADT for $7.6 Billion
Edited by Ada Hearthley
Security & Networking · Updated October 29, 2026
Thrive Holdings, led by Joshua Kushner, is set to acquire ADT in an all-cash deal valued at $7.6 billion. The acquisition will take ADT private and is expected to close in the first quarter of 2027. Thrive Holdings aims to leverage AI technologies to enhance traditional business operations, which could impact ADT's service offerings.
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Why it matters
- ✓The acquisition may lead to improvements in ADT's smart home security services through the integration of AI, potentially enhancing user experience.
- ✓As ADT becomes a private entity, customers may see changes in pricing structures and service offerings that align with Thrive Holdings' business strategy.
- ✓Smart home owners should monitor how this acquisition affects ADT's compatibility with existing smart home devices and systems.
Thrive Holdings to Acquire ADT for $7.6 Billion
In a significant move within the smart home security sector, Thrive Holdings, led by Joshua Kushner, has announced its acquisition of ADT in an all-cash deal valued at $7.6 billion. This acquisition is poised to take ADT private and is expected to close in the first quarter of 2027, as reported by Bloomberg and The Verge.
Who is Thrive Holdings?
Thrive Holdings is a relatively new player in the investment landscape, having been founded just last year as an offshoot of Joshua Kushner's venture capital firm, Thrive Capital Management. The firm is often described as a
Sources
- Joshua Kushner’s Thrive Holdings is acquiring ADT for $7.6 billion — The Verge Smart Home
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